Cooler weather is becoming more and more of a possibility in Ellsworth, which means one thing: it’s time to set up your furnace service. However, it may not be that straightforward if your system is climbing up there in age and has been causing difficulties over the last few years.
Furnace replacement is an investment in your home, like nearly all other home improvement projects are. So how do you know if you should spring for that new furnace now or simply get your annual furnace service completed?
At Walter's-Eaton's Electric, Plumbing, Heating & AC, we know that it can be a tough decision to make, so here are a few tidbits to keep in mind if you’re uncertain which path to choose.
1. Furnace Age
This is most likely the biggest factor in to your decision, as furnace technology has improved quite a few things, from energy efficiency to the amount of noise it gives off. If your system is more than 12 years old, it may not make sense to put a lot of money in to repairs when you could be putting that money towards a new system.
However, the typical 12-15 year lifecycle of a furnace doesn’t mean it can’t operate well beyond that. If furnace service has been scheduled regularly and it has been properly maintained, you could be able to go beyond that 12-15 year average.
2. Cost of replacing vs. servicing/repairing
There are always variables when it comes to figuring out the cost of replacing versus having furnace service and repairs done, but there are a few things to keep in mind when considering the two.
- Get multiple estimates to make certain you’re getting the best deal.
- Keep track of when your warranty is up and note what it covers so you’re always saving as much as possible.
- Furnace size will be determined by the size of your home.
- Cost will vary depending on the level of energy efficiency you’re wanting.
- The higher the AFUE rating, the greater the chance for energy savings.
After you determine the costs of both options, keep this helpful tip in mind: if your furnace service and repair is going to cost 1/3 or more of the cost of a new furnace and your system is between 12-15 years old, furnace replacement may be the better long-term solution.
Of course, these are only a couple of the variables, but the pros at Walter's-Eaton's Electric, Plumbing, Heating & AC are more than happy to help you decide which furnace is right when replacement becomes imminent. Give us a call at 715-318-6728 to find out what makes sense for both you and your budget.